Mulya.ai
Ticker
EXPE
Scenario
Key Inputs
Revenue est.?Analysttaper yr5
OP margin est.?hist_ind
Reinvestment est.?projected
R&D capitalizedYes · 5yr amort
Leases factoredNo
Key Assumptions
WACC ?9.7%
ERP ?4.5%
Risk-free rate ?4.1%
Beta (blended) ?1.257
Beta (levered) ?1.408
Terminal OM% ?16.3%
Segment conc. ?97% dominant
Terminal growth ?4.1%
Bond rating ?AA · 0.90%
ROIC option ?Opt 4 · 23.6%
Prob of failure ?0.0%
Pipeline validated · 2026-07-21

EXPE · Expedia Group, Inc.

$262.802026-07-21
Sector: Consumer Cyclical; Industry: Travel Services; Sub-Industry: Hotels, Resorts & Cruise Lines

Intrinsic Value Range Comparison · Mulya.ai

R&D capitalized (5yr)
Bull
$381
+44.8% vs market
Base · active
$367
+39.6% vs market
Bear
$353
+34.3% vs market
Mulya.ai vs Analyst IV Comparison?
Median $260
Market $263
Bear $353
Base $367
Bull $381
Market Price $263
Mulya.ai Base $367
Analysts Median $260
Mulya.ai IV range ($353 · $381)
Analysts Range ($240 · $330)
Fundamentals · historical + forward · base
italics = DCF projection
PeriodRevenueRev Gr ?Ops M% ?Tax Rate ?NOPAT ?
Reinvest ?
FCFF ?WACC% ?PV FCFF ?ROIC ?Inv. Cap ?EPS ?P/E
2024.Q1$12.8B8.7%25.1%$839MM−$307MM$532MM8.9%14.9%$5.6B$6.54
2024.Q4$12.8B0.0%8.7%20.6%$890MM−$102MM$787MM10.2%13.5%$7.5B$6.54
2025.Q1$13.7B6.6%10.5%21.4%$1.1B$16MM$1.1B9.3%17.7%$5.2B$10.13
2025.Q4$13.7B0.0%10.5%18.2%$1.2B$1.7B$2.8B10.3%24.3%$4.4B$10.13
2026.Q1$15.2B10.8%17.5%18.9%$2.2B$2.2B$4.4B9.3%80.1%$934MM$12.2112.0
italics below = DCF projection · 10yr Rev CAGR: 5.7%
2027.Q1$16.3B+7.3%19.0%19.0%$2.5B−$1.1B$1.4B9.6%$1.3B168.1%$2.0B$17.4615.1
2028.Q1$17.5B+7.3%18.5%19.1%$2.6B−$196MM$2.4B9.5%$2.0B121.7%$2.2B$18.4614.2
2029.Q1$18.8B+7.8%17.9%19.3%$2.7B−$122MM$2.6B9.4%$2.0B118.3%$2.4B$19.6013.4
2030.Q1$19.9B+5.9%17.4%19.4%$2.8B−$4.2B−$1.4B9.3%−$1.0B62.3%$6.6B$20.4312.9
2031.Q1$21.0B+5.6%16.3%19.5%$2.8B−$2.3B$428MM9.2%$273MM35.6%$8.9B$20.9312.6
Term. Yr+$27.6B4.1%16.3%20.0%$3.6B−$625MM$3.0B8.6%$27.5B23.6%
Active scenario IV: $367 (+39.6% vs market)